Reply To: Crypto payments

    Tom
    Participant
    In my previous job we implemented crypto payments.  The decision was made when we got into selling NFT’s.  We looked at a few platforms and settled with Coinbase as the platform which was fairly easy to use and set up.  Business was a consignment business so we did not hedge.  We would convert our piece of the payment as quickly as possible once a payment came in to USD and we required the seller to take their portion in the crypto currency we received.

    We did a lot of work up front to make sure we could identify the buyers and their wallets, and we did send back some payments to the wallet it came from when we could not tie it to seller.